Private company

Statnett

Logo: Statnett, Public domain, via Wikimedia Commons4

Norwegian state-owned energy company

Statnett is a Norwegian state-owned enterprise responsible for owning, operating and constructing the stem power grid in Norway. The company has its headquarters in Oslo, Norway. Statnett also owns 30% of the Nord Pool Spot along with other Nordic transmission system operators.2 Its chief executive is Elisabeth Vike Vardheim (since 2024).1 It employed 2,372 people in 2025.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

Dec 20, 1991Founded1
  • Industryelectric power generation, transmission and distribution, electric power industry1
  • HeadquartersNydalen1
  • Websitestatnett.no/en
  • Legal formstatsforetak1
  • LEI5967007LIEEXZXHAI0173
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressNydalen allé 33, 0484 Oslo, Norway3
  • Registered withThe Brønnøysund Register Centre, 9629866333
Statnett main office
Photo: Olav Helland, CC BY-SA 4.0, via Wikimedia Commons6

Statnett is a Norwegian state-owned enterprise responsible for owning, operating and constructing the stem power grid in Norway. The company has its headquarters in Oslo, Norway.2

Corporate structure

Statnett sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Statnett Oslo, Norway
    • Nord Pool Spot AS Stake · 30% · Oslo, Norway
    • Statnett Transport Subsidiary · Norway
    • NORD.LINK Owned · 50% · Norway
    • NorNed Owned · 50% · Norway

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Statnett reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Statnett's operations were originally part of Norges vassdrags- og energiverk (NVE). In 1986 NVE was split in an operation company, Statskraftverkene and a directorate, Norges vassdrags- og energidirektorat. Statskraftverkene was split into Statnett (power grid) and Statkraft (production) in 1992.

From Wikipedia’s article on Statnett, shared under CC BY-SA 4.0.5

Leadership

Who has led Statnett, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • electrical grid

Listed on Wikidata.1

Statnett is the transmission system operator in Norway, operating 11,000 kilometres (6,800 mi) of high power lines. There are plans to upgrade the western grid from 300 to 420 kV at a cost of 8 billion NOK, partly to accommodate cables to Germany and England.

The power grid in Norway is divided into three sectors: the stem net, the regional net and the local net. While it is often local municipalities who own the regional and local net, the government through Statnett owns the stem net. The stem net typically has 300 to 420 kilovolts (kV) and is used to transport electricity across long distances.

There are a number of international power cables from Norway to abroad, including lines to Sweden (3,600 MW), Finland (120 MW), Russia (50 MW), Denmark (1,700 MW submarine cable Cross-Skagerrak) and the Netherlands (700 MW submarine cable NorNed). Statnett also participates in the NORD.LINK and North Sea Link projects (proposed submarine cables to Germany and England, respectively).

From Wikipedia’s article on Statnett, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Owners

  • Ministry of Energy of Norway

Subsidiaries

  • Statnett Transport

Also owns

From Wikidata.1

Employees over time

  • 20252,3721

Timeline

  1. Jun 1, 2024New chief executive Elisabeth Vike Vardheim becomes CEO1
  2. Mar 15, 2021New chief executive Hilde Tonne becomes CEO1
  3. 2009New chief executive Auke Lont becomes CEO1
  4. Dec 20, 1991Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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